Quote:
Originally Posted by 68style
If that's what you think, shouldn't you put everything you've got into it right now? 71->92k would be like a 30% return
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It would depend on your investment theory and your portfolio management.
There's no delusion on my part, I believe crypto is highly speculative. Which means one should typically not invest more than 5% of their portfolio in a particular speculative asset.
For me, crypto is already above 5% of my portfolio, so it would not be prudent portfolio management to put more into crypto, regardless if I think it's going to moon or not.
I've been investing long enough to not get as emotional as I once did. So my decisions are a little more calculated now.
Since BTC hit $70k USD, I sold my first traunch. So i'll be sticking to my sell strategy that I posted in the previous page. A lot less emotion this time around, which is a pretty cool feeling.